SIA LS SteelActive
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 99 999 € (14% of equity at the end of the previous year).
Low confidence: the company does not file a cash flow statement, so the amount is an estimate from changes in equity — it may also include other reductions of equity (e.g. a share capital reduction).
Summary of financial statements2020–2025
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||
| Total current assets | 103 372 | 660 924 | 1 323 475 | 1 630 489 | 1 732 513 | 1 448 675 |
| Total non-current assets | 0 | 230 000 | 82 516 | 196 079 | 205 226 | 408 323 |
| Total assets | 103 372 | 890 924 | 1 405 991 | 1 826 568 | 1 937 739 | 1 856 998 |
| Balance sheet — liabilities and equity | ||||||
| Current liabilities | 79 930 | 607 350 | 962 598 | 1 194 435 | 1 226 670 | 876 010 |
| Non-current liabilities | 0 | 0 | 40 000 | 40 000 | 0 | 16 168 |
| Total liabilities | 79 930 | 607 350 | 1 002 598 | 1 234 435 | 1 226 670 | 892 178 |
| Share capital | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — |
| Profit for the year | 13 442 | 180 132 | 219 819 | 288 740 | 118 936 | 353 750 |
| Total equity | 23 442 | 283 574 | 403 393 | 592 133 | 711 069 | 964 820 |
| Income statement | ||||||
| Sales revenue | 406 924 | 5 060 388 | 6 531 778 | 5 655 838 | 7 727 173 | 6 269 257 |
| Operating profit | 13 592 | 182 757 | 241 569 | 314 345 | 119 576 | 383 580 |
| Profit before income tax | 13 592 | 182 757 | 245 069 | 314 345 | 119 576 | 383 580 |
| Profit for the reporting year | 13 442 | 180 132 | 219 819 | 288 740 | 118 936 | 353 750 |
| Labour costs | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — |
| Other indicators | ||||||
| Employees | 3 | 7 | 17 | 23 | 37 | 34 |
| Calculated dividend | — | 0 | 100 000 | 100 000 | 0 | 99 999 |
A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.
Connections graph
Related companies
- SIA MASOC KC — 13%
Summary: SIA LS Steel
Overview
SIA LS Steel (reg. no. 40203242871) is a limited liability company. The company was registered in 2020 and has been in the register for 6 years. Registered address: Ventspils, Robežu iela 5.
Financial results
Revenue in 2025 was 6 269 257 €, down 18,9% on the previous year (7 727 173 €). From 2020 to 2025, revenue grew by an average of 72,8% per year. Net profit for 2025 was 353 750 € (5,6% of revenue). The company was profitable in all 6 published years. In 2025 the company had 34 employees (37 a year earlier). Revenue per employee was 184 390 €. At the end of 2025, total assets were 1 856 998 € and equity 964 820 € (52,0% of assets).
Management and owners
The company has one board member. The sole owner of the company is a private individual. The company holds a stake in one other active Latvian company.
Data sources and freshness
Register data (name, address, legal form, board and owners) and annual report figures come from the open data of the Register of Enterprises of the Republic of Latvia (CC0); entity.lv updates them daily. Data as of 03.11.2026. Changes, averages and ratios are calculated by entity.lv from open data and are not an official assessment.